Gold

Under the bearish outlook :

The recent development of Gold, as wave (i) of the third wave, appears to have not completed yet. Because the fall from 1224.5 more look like a three-waves so far…

Accordingly, the broad bearish outlook tentatively remains suspended, until forming a sequence of five waves as the first wave down – nearly equivalent the previous wave (i).

Gold - Intraday 360Gold - Intraday 240Gold - Intraday 120

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